After more a decade of increases since Hurricane Wilma struck in 2005, homeowner’s insurance is finally coming down in Florida.
Florida hasn’t seen a hurricane since 2005, but that hasn’t stopped property insurance rates from going up.
Citizens Insurance has been the focus of a lot of criticism over the last few years from state leaders and taxpayers. Now, an exclusive CBS4 Investigation has discovered that hundreds of thousands of policy holders may have been overcharged by Citizens.
As residents in the northeast U.S. begin to assess the damage left by Hurricane Sandy, early estimates are putting the costs at upwards of $20 billion.
If you use a certain insurer for your homeowner’s policy, you might soon be saving a lot of money.